Ankündigung • 1h
Shopify Inc. Announces Board and Committee Changes Shopify Inc. announced that on July 2, 2026, Prashanth Mahendra-Rajah, a member of Shopify Inc.'s board of directors and Chair of the Audit Committee of the Board, informed the Company of his resignation from the Board effective immediately. Prashanth Mahendra-Rajah has accepted a full time position with the U.S. Department of Commerce. Joe Natale, Chair of the Board and the Company's Lead Independent Director, is expected to serve as the Chair of the Audit Committee of the Board following Prashanth Mahendra-Rajah's resignation. Board Change • Jul 02
High number of new directors There are 6 new directors who have joined the board in the last 3 years. Independent Director Jeanne Dewitt Grosser was the last director to join the board, commencing their role in 2026. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Ankündigung • Jun 17
Shopify Inc. Approves Election of Jeanne Dewitt Grosser to the Board of Directors Shopify Inc. at its AGM held on June 16, 2026, approved the election of Jeanne DeWitt Grosser to the Board of Directors. Following the meeting, the Board of Directors intends to select Tobias Lütke to continue to serve as Chair of
the Board of Directors and Joseph Natale to continue to serve as Lead Independent Director. Ankündigung • May 15
Sezzle Inc. Provides Update On Antitrust Case Against Shopify Inc Sezzle Inc. announced that the United States District Court for the District of Minnesota has issued an Opinion and Order granting in part and denying in part Shopify Inc.’s motion to dismiss Sezzle’s antitrust action. The Court allowed Sezzle’s core claims to proceed, including claims for monopolization and attempted monopolization under Section 2 of the Sherman Act, unlawful restraint of trade under Section 1 of the Sherman Act, parallel claims under the Minnesota Antitrust Law of 1971, and a claim under the Minnesota Deceptive Trade Practices Act. The Court dismissed without prejudice Sezzle’s unlawful tying claim under Section 1 of the Sherman Act and the corresponding portion of Sezzle’s state-law antitrust claim. The remaining claims will proceed. The case, captioned Sezzle Inc. v. Shopify Inc., File No. 25-cv-2395 (ECT/SGE), is pending in the United States District Court for the District of Minnesota. The Court’s ruling is procedural in nature and does not constitute a finding of liability against Shopify. Ankündigung • May 07
Shopify Provides Earnings Guidance for the the Second Quarter of 2026 Shopify provided earnings guidance for the the second quarter of 2026. For the period, the company expects Revenue to grow at a high-twenties percentage rate on a year-over-year basis. Ankündigung • Apr 15
Shopify Inc. to Report Q1, 2026 Results on May 05, 2026 Shopify Inc. announced that they will report Q1, 2026 results Pre-Market on May 05, 2026 Ankündigung • Mar 25
Shopify Inc., Annual General Meeting, Jun 16, 2026 Shopify Inc., Annual General Meeting, Jun 16, 2026. Ankündigung • Feb 12
Shopify Inc. Provides Earnings Guidance for the First Quarter of 2026 Shopify Inc. provided earnings guidance for the first quarter of 2026. for the quarter, the company expects Revenue to grow at a low-thirties percentage rate on a year-over-year basis, similar to Fourth Quarter 2025. Ankündigung • Feb 11
Shopify Inc. (NasdaqGS:SHOP) announces an Equity Buyback for 5% of its issued share capital, for $2,000 million. Shopify Inc. (NasdaqGS:SHOP) announces a share repurchase program. Under the program, the company will repurchase up to $2,000 million worth of its Class A subordinate voting shares, not exceeding 5% of it's issued and outstanding Class A subordinate voting shares. The program has no fixed expiration date. Ankündigung • Jan 28
Shopify Inc. to Report Q4, 2025 Results on Feb 11, 2026 Shopify Inc. announced that they will report Q4, 2025 results Pre-Market on Feb 11, 2026 Ankündigung • Nov 05
Shopify Inc. Provides Earnings Guidance for the Fourth Quarter of 2025 Shopify Inc. provided earnings guidance for the fourth quarter of 2025. The company expects Fourth Quarter revenue growth to be in the mid to high 20s year-over-year. Ankündigung • Oct 14
Shopify Inc. to Report Q3, 2025 Results on Nov 04, 2025 Shopify Inc. announced that they will report Q3, 2025 results Pre-Market on Nov 04, 2025 Ankündigung • Oct 10
Shopify Inc. Appoints Jessica Hertz as Chief Operating Officer, Effective October 9, 2025 On October 9, 2025, Shopify Inc. announced the appointment of Jessica Hertz as the Chief Operating Officer of the Company, effective October 9, 2025. Prior to her appointment as COO, Ms. Hertz, age 43, served as Shopify’s General Counsel and has been with the Company since 2021. As General Counsel, Ms. Hertz oversaw Shopify’s global legal, communications, policy, talent, and trust teams. Prior to joining Shopify, Ms. Hertz held roles in the White House and previously served in positions at Facebook and at the law firm of Jenner & Block LLP. Ms. Hertz holds a J.D. from the University of Chicago Law School and an A.B. from Harvard College. Ankündigung • Jul 16
Shopify Inc. to Report Q2, 2025 Results on Aug 06, 2025 Shopify Inc. announced that they will report Q2, 2025 results Pre-Market on Aug 06, 2025 Ankündigung • Jul 11
Shopify Inc. (NasdaqGS:SHOP) acquired Ritual Technologies Inc. from Georgian, Insight Partners, Mantella Venture Partners, and Greylock Partners. Shopify Inc. (NasdaqGS:SHOP) acquired Ritual Technologies Inc. from Georgian, Insight Partners, Mantella Venture Partners, and Greylock Partners recently. Jason Myler of Brown Gibbons Lang & Company acted as financial advisor to Ritual Technologies Inc. Ankündigung • Jun 19
Shopify Inc. Elects Joe Natale as Director Shopify Inc. at its annual meeting of shareholders held on June 17, 2025 elected Joe Natale as Director. Ankündigung • Jun 10
Sezzle Files Antitrust Action Against Shopify Sezzle Inc. announced that it has filed a lawsuit against Shopify Inc. in the U.S. District Court for the District of Minnesota asserting federal and state antitrust violations. The lawsuit alleges that Shopify has been engaging and continues to engage in monopolistic and anticompetitive business practices in order to stifle competition for “buy now, pay later” service options on Shopify’s e-commerce platform. Sezzle is seeking an injunction to prevent Shopify from continuing its anticompetitive conduct that limits consumer choice and stifles fair market competition. The suit filed by the Company seeks treble damages. Ankündigung • Apr 17
Shopify Inc. to Report Q1, 2025 Results on May 08, 2025 Shopify Inc. announced that they will report Q1, 2025 results Pre-Market on May 08, 2025 Ankündigung • Mar 28
Shopify Inc., Annual General Meeting, Jun 17, 2025 Shopify Inc., Annual General Meeting, Jun 17, 2025. Ankündigung • Mar 15
Shopify Inc. (NYSE:SHOP) acquired Vantage Discovery, Inc. Shopify Inc. (NYSE:SHOP) acquired Vantage Discovery, Inc. on March 14, 2025.
Shopify Inc. (NYSE:SHOP) completed the acquisition of Vantage Discovery, Inc. on March 14, 2025. Valuation Update With 7 Day Price Move • Feb 28
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to CHF99.08, the stock trades at a forward P/E ratio of 99x. Average forward P/E is 15x in the IT industry in Europe. Total returns to shareholders of 48% over the past year. Simply Wall St's valuation model estimates the intrinsic value at CHF97.10 per share. Buy Or Sell Opportunity • Feb 18
Now 20% overvalued after recent price rise Over the last 90 days, the stock has risen 22% to CHF114. The fair value is estimated to be CHF94.54, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 22% over the last 3 years. Earnings per share has grown by 39%. For the next 3 years, revenue is forecast to grow by 18% per annum. Earnings are also forecast to grow by 8.1% per annum over the same time period. Recent Insider Transactions • Feb 15
VP of Product & COO recently sold CHF5.5m worth of stock On the 12th of February, Kasra Nejatian sold around 50k shares on-market at roughly CHF110 per share. This transaction amounted to 21% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Kasra has been a net seller over the last 12 months, reducing personal holdings by CHF14m. Ankündigung • Feb 13
Shopify Inc. Provides Earnings Guidance for the First Quarter of 2025 Shopify Inc. provided earnings guidance for the first quarter of 2025. Revenue to grow at a mid-twenties percentage rate on a year-over-year basis. Reported Earnings • Feb 12
Full year 2024 earnings released: EPS: US$1.57 (vs US$0.10 in FY 2023) Full year 2024 results: EPS: US$1.57 (up from US$0.10 in FY 2023). Revenue: US$8.88b (up 26% from FY 2023). Net income: US$2.02b (up US$1.89b from FY 2023). Profit margin: 23% (up from 1.9% in FY 2023). Revenue is forecast to grow 18% p.a. on average during the next 3 years, compared to a 4.5% growth forecast for the IT industry in Europe. Recent Insider Transactions • Nov 15
VP of Product & COO recently sold CHF3.0m worth of stock On the 13th of November, Kasra Nejatian sold around 31k shares on-market at roughly CHF94.84 per share. This transaction amounted to 18% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Kasra has been a net seller over the last 12 months, reducing personal holdings by CHF5.7m. New Risk • Nov 14
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 27% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (9.8% average weekly change). Minor Risk Large one-off items impacting financial results. Reported Earnings • Nov 13
Third quarter 2024 earnings released: EPS: US$0.64 (vs US$0.56 in 3Q 2023) Third quarter 2024 results: EPS: US$0.64 (up from US$0.56 in 3Q 2023). Revenue: US$2.16b (up 26% from 3Q 2023). Net income: US$828.0m (up 15% from 3Q 2023). Profit margin: 38% (down from 42% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 18% p.a. on average during the next 3 years, compared to a 5.0% growth forecast for the IT industry in Europe. Buy Or Sell Opportunity • Nov 12
Now 22% overvalued after recent price rise Over the last 90 days, the stock has risen 66% to CHF98.66. The fair value is estimated to be CHF80.81, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 22% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 18% per annum. Earnings are also forecast to grow by 18% per annum over the same time period. Ankündigung • Oct 22
Shopify Inc. to Report Q3, 2024 Results on Nov 12, 2024 Shopify Inc. announced that they will report Q3, 2024 results Pre-Market on Nov 12, 2024 Board Change • Sep 01
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Director James Scott was the last director to join the board, commencing their role in 2024. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Buy Or Sell Opportunity • Aug 27
Now 21% undervalued Over the last 90 days, the stock has risen 19% to CHF63.03. The fair value is estimated to be CHF79.99, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 22% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 17% per annum. Earnings are also forecast to grow by 20% per annum over the same time period. Valuation Update With 7 Day Price Move • Aug 15
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to CHF63.16, the stock trades at a forward P/E ratio of 111x. Average forward P/E is 15x in the IT industry in Europe. Simply Wall St's valuation model estimates the intrinsic value at CHF77.03 per share. New Risk • Aug 11
New minor risk - Insider selling There has been significant insider selling in the company's shares over the past 3 months. Total value of shares sold: CHF2.8m This is considered a minor risk. There are several reasons why an insider may be selling, including to cover a tax obligation or pay for some other expense. However, we generally consider it a negative if insiders have been selling, especially if they do so below the current price. It implies that they considered a lower price to be reasonable. This is a weak signal, but if there is a pattern of unexplained selling, it can be a sign the insider believes the company's stock is overpriced. Note: We only include open market transactions and private dispositions of directly owned stock by individuals, not by corporations or trusts. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (13% average weekly change). Minor Risks Large one-off items impacting financial results. Significant insider selling over the past 3 months (CHF2.8m sold). Recent Insider Transactions • Aug 11
VP of Product & COO recently sold CHF2.7m worth of stock On the 8th of August, Kasra Nejatian sold around 48k shares on-market at roughly CHF56.20 per share. This transaction amounted to 24% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Kasra's only on-market trade for the last 12 months. Reported Earnings • Aug 08
Second quarter 2024 earnings released: EPS: US$0.13 (vs US$1.02 loss in 2Q 2023) Second quarter 2024 results: EPS: US$0.13 (up from US$1.02 loss in 2Q 2023). Revenue: US$2.05b (up 21% from 2Q 2023). Net income: US$171.0m (up US$1.48b from 2Q 2023). Profit margin: 8.4% (up from net loss in 2Q 2023). Revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 5.9% growth forecast for the IT industry in Europe. Ankündigung • Aug 07
Shopify Inc. Provides Earnings Guidance for the Third Quarter of 2024 Shopify Inc. provided earnings guidance for the third quarter of 2024. For the quarter, the company expects revenue to grow at a low-to-mid-twenties percentage rate on a year-over-year basis. Ankündigung • Jul 17
Shopify Inc. to Report Q2, 2024 Results on Aug 07, 2024 Shopify Inc. announced that they will report Q2, 2024 results Pre-Market on Aug 07, 2024 Buy Or Sell Opportunity • Jul 10
Now 22% undervalued after recent price drop Over the last 90 days, the stock has fallen 13% to CHF58.79. The fair value is estimated to be CHF75.19, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 23% over the last 3 years. Meanwhile, the company became loss making. Buy Or Sell Opportunity • Jul 02
Now 23% undervalued after recent price drop Over the last 90 days, the stock has fallen 19% to CHF57.45. The fair value is estimated to be CHF74.94, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 23% over the last 3 years. Meanwhile, the company became loss making. Ankündigung • Jun 08
Shopify Inc. acquired Threads Inc. Shopify Inc. acquired Threads Inc. on June 6, 2024.Shopify Inc. completed the acquisition of Threads Inc. on June 6, 2024. Ankündigung • Jun 06
Shopify Inc. Approves Board Elections Shopify Inc. announced at annual meeting of shareholders of held on June 4, 2024, the shareholders elected Prashanth Mahendra-Rajah and Lulu Cheng Meservey as directors of the company. Ankündigung • May 09
Shopify Inc. Provides Revenue Guidance for the Second Quarter of 2024 Shopify Inc. provided revenue guidance for the second quarter of 2024. For the quarter, the company expects Revenue to grow at a high-teens percentage rate on a year-over-year basis, which translates into a year-over-year growth rate in the low-to-mid-twenties when adjusting for the 300 to 400 basis points impact from the sale of logistics businesses. Reported Earnings • May 09
First quarter 2024 earnings released: US$0.21 loss per share (vs US$0.053 profit in 1Q 2023) First quarter 2024 results: US$0.21 loss per share (down from US$0.053 profit in 1Q 2023). Revenue: US$1.86b (up 23% from 1Q 2023). Net loss: US$273.0m (down US$341.0m from profit in 1Q 2023). Revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 6.8% growth forecast for the IT industry in Europe. Ankündigung • Apr 10
E House Studio, LLC, Shopify Inc. (NYSE:SHOP) and Recharge Partner Agency acquired Commerce12, LLC. E House Studio, LLC, Shopify Inc. (NYSE:SHOP) and Recharge Partner Agency acquired Commerce12, LLC on April 10, 2024. Periscope Equity supported the transaction with an investment.
E House Studio, LLC, Shopify Inc. (NYSE:SHOP) and Recharge Partner Agency completed the acquisition of Commerce12, LLC on April 10, 2024. Ankündigung • Mar 23
Shopify Inc., Annual General Meeting, Jun 04, 2024 Shopify Inc., Annual General Meeting, Jun 04, 2024. Reported Earnings • Feb 13
Full year 2023 earnings released: EPS: US$0.10 (vs US$2.73 loss in FY 2022) Full year 2023 results: EPS: US$0.10 (up from US$2.73 loss in FY 2022). Revenue: US$7.06b (up 26% from FY 2022). Net income: US$132.0m (up US$3.59b from FY 2022). Profit margin: 1.9% (up from net loss in FY 2022). Revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 6.9% growth forecast for the IT industry in Europe. Ankündigung • Jan 24
Shopify Inc. to Report Q4, 2023 Results on Feb 13, 2024 Shopify Inc. announced that they will report Q4, 2023 results Pre-Market on Feb 13, 2024 Recent Insider Transactions • Nov 26
Director recently sold CHF14m worth of stock On the 22nd of November, Toby Shannan sold around 236k shares on-market at roughly CHF61.40 per share. This transaction amounted to 42% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of CHF15m more than they bought in the last 12 months. 
